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trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white house. >>> new -- rejected by the white house. >>> new poll shows -- gallup asked americans to rate honesty and ethical standards car salesmen got lowest marks 8% marked them high or very high. congress is just above them, only 10% scored in the top two categories to be honest. journalists 24%. top of the rankings, nurses, 84% of americans gave them the highest marks and of course meteorologists right behind that >> i was going to say even though it is not darn -- not a 100% science -- [ talking over each other ] >> 100% science that has accuracy, a little less -- okay stop digging. [ talking over each other ] >> they didn't rate meteorologists i wonder who is dragging who down? [ laughing ] >> touche. >>> good morning. here's a look at a dry picture from sutro tower across san francisco towards the east bay hills. live doppler, scattered sprinkles northwest corner sonoma county where we are watching now, heavier rain l
trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white house. >>> new -- rejected by the white house. >>> new poll shows -- gallup asked americans to rate honesty and ethical standards car salesmen got lowest marks 8% marked them high or very high. congress is just above them, only 10% scored in the top two categories to be honest. journalists 24%. top of the...
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Dec 10, 2012
12/12
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for example, on tax returns. even though maryland has passed same-sex marriage, you cannot file federal tax returns as a married couple. that would stay in place. same-sex couples can and will be able to get married in maryland. >> the court will take up the case in march and should announce the decision by june. >> the fog is starting to live, but still mostly cloudy out right now. the wind is starting to shift out of the south. 57 degrees currently at b.w.i. marshall. the dewpoint is at 57 as well. we are seeing the wind pick up, which should clear out the low- lying clouds. mid 50's around baltimore. loh 50's north of us. near 60 degrees to our south. for details on the crazy weather pattern, more coming our way. >> police are investigating a deadly shooting in north baltimore over the weekend. they found the victim just before 3:00 p.m. saturday in the 800 block of rich hill park. he died shortly after writing to the hospital. and another deadly shooting in west baltimore. shortly after 10:00 p.m. friday nigh
for example, on tax returns. even though maryland has passed same-sex marriage, you cannot file federal tax returns as a married couple. that would stay in place. same-sex couples can and will be able to get married in maryland. >> the court will take up the case in march and should announce the decision by june. >> the fog is starting to live, but still mostly cloudy out right now. the wind is starting to shift out of the south. 57 degrees currently at b.w.i. marshall. the dewpoint...
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the gop believes that the president wants to increase taxes to fund federal programs. >>... so he can spend to his heart's content. democrats and republicans are not coming together to solve this problem and gives you a sense of the cost involved in very personal terms. if they don't have confidence in law makers that will pull back into that would hurt the economy. a tea party hero is leaving capitol hill republicans stepping down next month to become director of the heritage foundation he was elected to the senate in 2004 and clashed on occasion with republican leaders of the legislation into the overall direction of the party. illinois republican u.s. senator mark kirk is preparing to return to capitol hill he will go back to january 3rd he suffered a stroke almost one year ago and he has had multiple surgeries including operations to reduce swelling around his brain. illinois lawmakers for planning a big party and a celebration when he heads back. the storm took a devastating toll on the east coast now damage estimates are taking a toll on federal emergency funds right n
the gop believes that the president wants to increase taxes to fund federal programs. >>... so he can spend to his heart's content. democrats and republicans are not coming together to solve this problem and gives you a sense of the cost involved in very personal terms. if they don't have confidence in law makers that will pull back into that would hurt the economy. a tea party hero is leaving capitol hill republicans stepping down next month to become director of the heritage foundation...
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Dec 6, 2012
12/12
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spending next year and that is bad for businesses, large and small. >> reporter: they won't support tax hikes but will support raising revenues by limiting tax deductions, closing loopholes and cutting spending. >> i think it's safe to say at that point that the president is not interested in a balanced agreement. he's not particularly interested in avoiding the fiscal cliff and he's not interested at all in cutsing any spending. >> reporter: democrats say with so much at stake from defense jobs to unemployment benefits and higher taxes on all households, republicans are simply stalling what needs to be done. >> it's apparent how this will end. the only question is when will it end? you know, it's how long will speaker boehner make middle class families wait for relief. >> reporter: the one thing not in question is the deadline of january 1st. until then, it's anyone's guess how much the standoff will last until the deadline is blocked down. >> one of the things overshadowed by all of this are the new unemployment numbers. we're starting to get some of those now, positive numbers for- f
spending next year and that is bad for businesses, large and small. >> reporter: they won't support tax hikes but will support raising revenues by limiting tax deductions, closing loopholes and cutting spending. >> i think it's safe to say at that point that the president is not interested in a balanced agreement. he's not particularly interested in avoiding the fiscal cliff and he's not interested at all in cutsing any spending. >> reporter: democrats say with so much at...
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john maynard discuss and the fiscal cliff and president barack obama suppresses his case today for a tax hike to help reduce the deficit. we are not insisting on rates just out of spite or any kind of partisan victory but rather because we need to raise a certain amount of revenue. >> and he made that pitch to several wealthy ceos he wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with spending cuts but the republican controlled house says the president has not responded to their latest proposal. >> i think we made a good-faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue and frankly it was the balanced approach mr. president has been asking for. erick kanter announced today there will be no adjournment into a credible solution to the fiscal cliff is found. >> house lawmakers proposed a bill today they claim will bring the costs under control and provide a safe retirement, it creates two groups of public emp
john maynard discuss and the fiscal cliff and president barack obama suppresses his case today for a tax hike to help reduce the deficit. we are not insisting on rates just out of spite or any kind of partisan victory but rather because we need to raise a certain amount of revenue. >> and he made that pitch to several wealthy ceos he wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with...
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Dec 10, 2012
12/12
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WMAR
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. >> let's face it he has the upper happened on taxes. you have to pass something to keep that from happening. >> reporter: why the compromising words? the white house moderated demands. the president says tax rates for the wealthy have to rise but now word that the actual rate could be negotiable. maybe not all the way back to 39.6%. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> reporter: those problems according to republicans entitledments and a democrat embraced a way called medicare cost those that make more have to pay more. >> those of with us higher income and retirement should pay more than could be part of the solution. >> reporter: it is a two man negotiate with the speakerfeeling the heat from the right. saturday night live suggested republicans are bullying boehner in the cafeteria. >> not a single member of theparty willing to share his company. he didn't have any milk to drink because, well, tell them why. >> because they took my milk and threw it in the garbage. >> reporter: so
. >> let's face it he has the upper happened on taxes. you have to pass something to keep that from happening. >> reporter: why the compromising words? the white house moderated demands. the president says tax rates for the wealthy have to rise but now word that the actual rate could be negotiable. maybe not all the way back to 39.6%. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> reporter: those problems according to...
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Dec 6, 2012
12/12
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KTVU
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republican said he is willing to break ranges with his party and -- ranks with his party and he could raise tax rates for upper income americans as part of a comprehensive plan to cut the federal deficit. they say they are looking for a way to save faces a they give in. >>> and they are looking for billions of dollars in cuts as they prepare to go over that fiscal cliff. hundreds of thousands of the jobs all over california could be affected, allison? >> 135 government workers in california could lose their jobs if there is no deal on those spending cuts that kick in at the end of the month. they say not only to plan for the cuts but that has changed. they are preparing to slice about 10% of their budget. experts are looking at 135 defense employees could lose their jobs but experts say there is still time to reach a deal and avoid those major lawsuits. >> nobody wants to reach a deal more than i. i will be ready to sit down with the president and solve this. >> reporter: they could be hit the hardest and i will have more about it during my next update on ktvu channel 2 morning news. >>> they a
republican said he is willing to break ranges with his party and -- ranks with his party and he could raise tax rates for upper income americans as part of a comprehensive plan to cut the federal deficit. they say they are looking for a way to save faces a they give in. >>> and they are looking for billions of dollars in cuts as they prepare to go over that fiscal cliff. hundreds of thousands of the jobs all over california could be affected, allison? >> 135 government workers in...
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Dec 5, 2012
12/12
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a former prosecutor weighs in next. >> could your tax dollars has tax companies expanding. there's one problem. it's in china. >> welcome back. it is 20 minutes after the top of the hour. solar companies are expanding in china. they made 807 million in tax payer dollars. it is supplying two mega cawatt of panels in person china. sun power received nearly $540 million. 15 million in a chinese mproduc. kept a log of your private text messages. it could happen if police want their way. they passed a law requiring all carriers to keep your conversation for at least two years. patti ann? >> heather, a virginia auto zone is under fire after firing an employee who saved the store manager's life. a serial robber held a manager at gun point. he ran to his car and grabbed his legal gun ran back in and confronted the suspect. the would be robber fled. instead of being hailed as a hero he was fired for violating auto zone policy. >> they fired me because i re-entered the store with my personal weapon. they have a zero tolerance policy against employees having weapons in the store. >> s
a former prosecutor weighs in next. >> could your tax dollars has tax companies expanding. there's one problem. it's in china. >> welcome back. it is 20 minutes after the top of the hour. solar companies are expanding in china. they made 807 million in tax payer dollars. it is supplying two mega cawatt of panels in person china. sun power received nearly $540 million. 15 million in a chinese mproduc. kept a log of your private text messages. it could happen if police want their way....
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Dec 4, 2012
12/12
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it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president and republicans can't come to a compromise, everyone's taxes will go up january 1. government spending will be slashed. >>> the dow lost 60. the nasdaq was down 8, s&p down 7. >>> the storms that blew through the bay area brought down many trees and that's meant a hard lesson for homeowners who were cleaning up today. cbs 5 consumerwatch reporter julie watts explains your insurance doesn't always cover fallen trees. julie. >> reporter: something many are likely learning following this weekend's storm. we received photos from across the bay area of downed trees on homes and cars, and they provide a clear example of what's covered and what's not. this one from san mateo is a good example of what's covered. home
it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president and republicans can't come to a compromise, everyone's taxes will go up january 1. government spending will be slashed. >>> the dow lost 60. the...
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to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any moment to sit down with the president to get serious about solving this problem. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year to get their way on tax and spending cuts. the pentagon is already planning major cuts in case there is no deal. the preliminary plan is to cut 500 billion dollars in jobs and programs. the pentagon's spokesman says those cuts could force the defense department to abandon its new military strategy. it's also likely to affect spending on weapons and technology programs as well as how the military provides for troops and their families. >>> two australian radio hosts are apologizing for a prank call that revealed confidential information about kate middleton. >> oh hello there, could i please speak to kate, please, my granddaughter? >> oh yes, j
to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any moment to sit down with the president to get serious about solving this problem. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year to get their way on tax and spending...
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why not raise rates on rich, fight for a simp her tax system that -- simpler tax system that might provide lower taxes down the road. >> well we need to demand concessions on spending. neil: we're not getting them. >> that is the point, so putting up taxes is not a way of getting concessions in the future. neil: from the get go they put up that 800 billion figure. >> a starting point, the problem is that, as you know, not only will the democrats want more in taxes, but they have in place, with this horrible deal that was done a year and a half ago with debt sealing that gives deal -- there is a deal in place. and it recalls that fiscal cliff, but the deal of made a year and a half ago, the republicans, democrats and president signed off on this, allowing tax increases to go back in place. and they signed on to half a trillion in cuts, in domestic programs and half a trillion in defense, understand what this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran secon
why not raise rates on rich, fight for a simp her tax system that -- simpler tax system that might provide lower taxes down the road. >> well we need to demand concessions on spending. neil: we're not getting them. >> that is the point, so putting up taxes is not a way of getting concessions in the future. neil: from the get go they put up that 800 billion figure. >> a starting point, the problem is that, as you know, not only will the democrats want more in taxes, but they...
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republicans want to close tax loopholes and eliminate deductions to raise $800 billion in new revenue. >> the president has a huge responsibility to work together with congress and find a solution to avert the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan mcginnis, cbs news, washington. >>> time now 4:40. santa comes early for some facing foreclosure. the promise being made to certain people struggling to keep their homes. >> plus the white house's worst fears. what the syrian government may try to do to its people. >> but a beer run gets ugly as fist flies. the suspects and the struggle coming up after the break. clerk got into a fist fightr beer. surveillance video shows a man apparently steag two cases of beer from the s statio >>> a south carolina convenience story lines clerk got into fistfight over a case of beer. a man is shown stealing two cases of beer from the gas station. you see the store employee trying to get it back. they struggle. the beer spills and at one points they raise fists an
republicans want to close tax loopholes and eliminate deductions to raise $800 billion in new revenue. >> the president has a huge responsibility to work together with congress and find a solution to avert the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan mcginnis, cbs news, washington. >>> time now 4:40. santa comes early for some facing foreclosure. the promise being made to...
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it offers $800 billion in new tax revenues but only if the money comes from tax reform and not from raising rates on the wealthy. and that's where the stalemate is stuck. >> rates have to rise. and the republicans need to acknowledge that. that that's the only way to get from here to there. >> in a statement the white house said the plan fails the balance test. if the two sides cannot reach a deal by years end. tax hikes and spending cuts will automatically kick in. >> well, it's so hard to find good yelp these days. and now san francisco restaurant shutters says it's proof. jakes on market closed after 10 months. and its owners say yelpers had a lot to do with it. it thanks patrons for support but it calls out critics that has poor reviews on the wait staff's t-shirts. one review trashed a dish that jake's doesn't even make. >>> coming up a california magician on fire and it was not part of the act. the tv prank that went terribly wrong. >>> that sounds like something out of a james bond film. how john macafy says he tricked ,,,,,, it wasn't part of the trick! was all caught on c . >> a tv
it offers $800 billion in new tax revenues but only if the money comes from tax reform and not from raising rates on the wealthy. and that's where the stalemate is stuck. >> rates have to rise. and the republicans need to acknowledge that. that that's the only way to get from here to there. >> in a statement the white house said the plan fails the balance test. if the two sides cannot reach a deal by years end. tax hikes and spending cuts will automatically kick in. >> well,...
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after voters in the contra costa fire district rejected measure q, the temporary seven- year parcel tax would have provided enough funds to keep the four dations -- the four stations open. >>> the oakland raiders are expressing their condolences to dennis allen who lost his father last night. grady allen passed away due to cardiac arrest. according to a statement from the raid, dennis allen traveled to the dales fort worth area to be by his father's said white after -- right after the game on saturday. he does plan to play in the game on thursday against denver. >>> we're still on stormwatch as more wet weather moves into the area. in the meantime, the cleanup continues from the weekend storm. a free that well on reed avenue is scheduled for removal today. as you can see it was still laying on sop of -- on top of several vehicles this morning. no one was hurt. caltran crews are cleaning up a small mudslide that shut down the connector. the ramp is closed is the one from eastbound interstate 80 to highway 29. crews say the connector will be closed until about 3:00 this afternoon and that
after voters in the contra costa fire district rejected measure q, the temporary seven- year parcel tax would have provided enough funds to keep the four dations -- the four stations open. >>> the oakland raiders are expressing their condolences to dennis allen who lost his father last night. grady allen passed away due to cardiac arrest. according to a statement from the raid, dennis allen traveled to the dales fort worth area to be by his father's said white after -- right after the...
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decides whether to make drastic spending cuts and raise taxes to reduce the debt or come up with other solutions it's feared an abrupt attempt to shrink the debt could send the economy sinking straight into recession that is resident as in new york to find out what people there think. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly well i i guess i'm not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actually something to worry about or do you think it's something the
decides whether to make drastic spending cuts and raise taxes to reduce the debt or come up with other solutions it's feared an abrupt attempt to shrink the debt could send the economy sinking straight into recession that is resident as in new york to find out what people there think. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media...
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Dec 6, 2012
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these taxes the president wants. if begive him all tax increases it pays for 8 and a half days of government. it doesn't do anything for middle class it will destroy middle class job creation. the more we tell people that the stronger we will be in being able to negotiate a solution moving forward. >> bill: handicap it real quick, is it going to happen or go into january with chaos? >> at a minimum what i hope is that we'll be able to do something here that avoids this fiscal cliff which is a creation of congress. it's a bipartisan creation. this fiscal cliff is the result of the last fiscal cliff. >> bill: that put a date on there. >> yeah. >> bill: may extend the date that's what i think is going to happen. >> my hope is is that we can avoid the bad stuff. then we have to deal with the 16 trillion-dollar debt that $1 trillion a year in deficit spending. we have to solve that. that thing is not going to solve itself. >> bill: doesn't feel like the president feels the urgency that you feel. you are one of the leaders
these taxes the president wants. if begive him all tax increases it pays for 8 and a half days of government. it doesn't do anything for middle class it will destroy middle class job creation. the more we tell people that the stronger we will be in being able to negotiate a solution moving forward. >> bill: handicap it real quick, is it going to happen or go into january with chaos? >> at a minimum what i hope is that we'll be able to do something here that avoids this fiscal cliff...
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tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping nearly p 3% to settle at $32.81 an ounce. david: markets hopping, but the next trader says investor participation is shifting. in chicago, larry, the key question here is what happens when the market gets off its hind legs and moves? move up or down? >> it all depen
tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near...
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city against starbucks angry activists who threaten to occupy the company shops over the corporation tax is paid in britain despite huge revenues more videos and pictures from the day of action on our twitter page. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons western countries and said the use of such weapons would trigger foreign military intervention the situation is increasingly drawing parallels with the run up to the invasion of iraq ten years ago he has spoken to fulminate the state department chief of stuff norns wilkinson who was behind the report they know the case for the iraq war and what he thinks is next for syria and how justifiable to feel about its chemical nossel. i would be highly skeptical of any intelligence rendered by the one hundred forty plus billion dollar us intelligence community as to weapons of mass destruction in the possession of another country period i'm not violating any great confidence or any great prohibition in the intelligence community to tell you that we've known for years
city against starbucks angry activists who threaten to occupy the company shops over the corporation tax is paid in britain despite huge revenues more videos and pictures from the day of action on our twitter page. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons western countries and said the use of such weapons would trigger foreign military intervention the situation is increasingly drawing parallels with the run up to...
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disgrace last year were literally on the brink of financial disaster and has since been convicted of tax fraud. two thousand pro british protesters have rallied outside belfast city hall in northern ireland over their local councils vote to remove the u.k. flag from the building police officer has been injured in the clashes follows trouble when the vote was first announced last monday and also on friday when eight police officers were injured and at least thirteen people after riots politicians have appealed for the protests to stop. this weekend the world's best figure skaters are testing the olympic ice in russia's resort city of sochi the countdown is in full swing with just over a year left until the winter games. over reports now from the next olympic city. there is just over a year until the actual winter olympics get underway but still if this task competitions give us a chance that the construction is almost over and that the city will soon transform into the world capital of the winter games this weekend is all about pushing the new venue through their paces of course all eyes
disgrace last year were literally on the brink of financial disaster and has since been convicted of tax fraud. two thousand pro british protesters have rallied outside belfast city hall in northern ireland over their local councils vote to remove the u.k. flag from the building police officer has been injured in the clashes follows trouble when the vote was first announced last monday and also on friday when eight police officers were injured and at least thirteen people after riots...
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for its starbucks activists threatened to close the company's outlets over the miserable amount of taxes the coffee giant pays in the u.k. despite huge profits more videos and pictures from the day of action on our twitter page. britain and the u.s. have claimed syria's president might be readying a for a chemical attack and washington says it has intelligence indicating assad could resort to chemical weapons in the fight against the rebels something that wouldn't trigger a foreign military intervention the rhetoric is increasingly looking like in the run up to the iraq war ten years ago r.t. has spoken to former u.s. state department chief of staff lawrence wilkerson who was behind the report laying out the case for the iraq intervention we asked him what he thinks is next for syria and how justifiable the fears are about its chemical arsenal. i would be highly skeptical of any intelligence rendered by the one hundred forty plus billion dollar us intelligence community as to weapons of mass destruction in the possession of another country period i'm not violating any great confidence or
for its starbucks activists threatened to close the company's outlets over the miserable amount of taxes the coffee giant pays in the u.k. despite huge profits more videos and pictures from the day of action on our twitter page. britain and the u.s. have claimed syria's president might be readying a for a chemical attack and washington says it has intelligence indicating assad could resort to chemical weapons in the fight against the rebels something that wouldn't trigger a foreign military...
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in disgrace last year with italy on the brink of financial disaster and has since been convicted of tax fraud. the president of the philippines has declared a state of emergency has a deadly typhoon bopha is making its way back towards the country the storm claimed the lives of more than five hundred people earlier this week with tens of thousands left homeless saudis expect more heavy rains floods and landslides in the northeast of the country and coming up a look at colombia's four decades long civil war after a short break. so . live. i've. lived live. live . download the official the application itself choose your language stream quality and enjoy your favorites from alzheimer's now t.v. is not required to watch artsy all you need is your mobile device to watch r.t. any time. as. most of the mines in segovia have passed into the hands of citizens who established small companies and have exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred metres. we take the or out by
in disgrace last year with italy on the brink of financial disaster and has since been convicted of tax fraud. the president of the philippines has declared a state of emergency has a deadly typhoon bopha is making its way back towards the country the storm claimed the lives of more than five hundred people earlier this week with tens of thousands left homeless saudis expect more heavy rains floods and landslides in the northeast of the country and coming up a look at colombia's four decades...
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breaks like property tax to studios but actually giving them money to bring their productions to your state so michigan introduced this scheme and within two months twenty four movies had signed up to film in michigan from to the entire year before the productions estimated that they would spend one hundred ninety five million dollars filming there and in return they would be refunded about seventy million in cash yeah i mean this is important because before enron before world com before to liberalize debt obligation before the shadow banking system before goldman sachs slush fund before jamie diamond to became ruler of the underworld of financial terrorism there was something called ali wanted telling where.
breaks like property tax to studios but actually giving them money to bring their productions to your state so michigan introduced this scheme and within two months twenty four movies had signed up to film in michigan from to the entire year before the productions estimated that they would spend one hundred ninety five million dollars filming there and in return they would be refunded about seventy million in cash yeah i mean this is important because before enron before world com before to...
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today a warning to republicans from a top senate democrat, no hike in taxes on the wealthy, no deal on the debt. >> even if it means going over the cliff? >> i don't want to do it, the president doesn't want to do it but we need to solve the problem. we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has laid down an early marker. >> i will not play that game, because we have got to break that habit before it starts. >> reporter: speaker boehner's visit today with the president was only the second time since the election the two have meat face to face. pu publicly each have been waiting for the other to blinging m. >> to say they're go along with that and then we'll start n
today a warning to republicans from a top senate democrat, no hike in taxes on the wealthy, no deal on the debt. >> even if it means going over the cliff? >> i don't want to do it, the president doesn't want to do it but we need to solve the problem. we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the...
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Dec 8, 2012
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when he promised no new taxes. he broke the plij and he destroyed his political future. >> i guess strategically, tactically, my reaction to them is stand on your principles. that's why you were elected. part two is first of all, you have the debt ceiling coming up. they have a lot of power. they should never surrender their constitutional authority to the president. why don't they just pass their bill? give it to the president. extend all the bush tax cuts. would that be a good idea, or do you have a better idea? >> no. i think they should. i think the president will play because everybody now including, as you said, boehner himself is talking about the rich in sort of obama terms. obama will come back and say no, we're going to eliminate the tax cuts for the rich. we're just going to give them to the middle class, and that's where they're ahead in public opinion, but i think they're not going to have i any choice. republicans have to stick together. they have to resist the pressure of the white house, and if obam
when he promised no new taxes. he broke the plij and he destroyed his political future. >> i guess strategically, tactically, my reaction to them is stand on your principles. that's why you were elected. part two is first of all, you have the debt ceiling coming up. they have a lot of power. they should never surrender their constitutional authority to the president. why don't they just pass their bill? give it to the president. extend all the bush tax cuts. would that be a good idea, or...
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Dec 10, 2012
12/12
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KGO
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. >> let's face it, he has the upper hand on taxes. you have to pass something to keep that from happening. >> reporter: why the compromising words? the white house moderated some demands. the president say s tax rates fr the wealthy have to rise but now word that the actual rate could be negotiable. maybe not all the way back to 39.6%. >> will i accept a tax increase as a deal to solve problems? yes. >> reporter: those problem, according to republican, entitlement. and today, a leading democrat embraced the way to cut medicare cuts. means testing. those who make more would have to pay more for medicare. >> those of us with higher income in retirement should pay more. that could be part of a solution. >> reporter: the speaker feeling the heat from his right. "saturday light live" suggested that republicans are bullying boehner in the cafeteria. >> not a single member of his party is willing to share -- he didn't have any milk to drink because -- well, tell them why, john. >> they had taken my milk and thrown it in the garbage. >> repor
. >> let's face it, he has the upper hand on taxes. you have to pass something to keep that from happening. >> reporter: why the compromising words? the white house moderated some demands. the president say s tax rates fr the wealthy have to rise but now word that the actual rate could be negotiable. maybe not all the way back to 39.6%. >> will i accept a tax increase as a deal to solve problems? yes. >> reporter: those problem, according to republican, entitlement. and...
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Dec 10, 2012
12/12
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president obama hits the road to talk taxes to union workers. after holding a private meeting with the speaker of the house. investigators are looking into the cause of a plane crash that killed a popular mexican- american singer. and the d-j's behind a prank call to the hospital treating kate middleton are speaking out for the first time. tre r anitngis wait till your kids move back home after college. we were going through so much of the bargain detergent. and the clothes didn't look as good. but since we switched to tide we use much less. an amazing clean for all three of our full-grown dependent bundles of joy. that's my tide what's yours? president obama is scheduled to speak to a crowd at a suburban detroit auto plant this hour. white house officials are calling it "an event on the economy". it comes a week after michgan republicans got a controversial right-to-work law passed a measure the president opposes for its limitations on unions. yesterday, president obama met with house speaker john boehner at the white house to discuss how to re
president obama hits the road to talk taxes to union workers. after holding a private meeting with the speaker of the house. investigators are looking into the cause of a plane crash that killed a popular mexican- american singer. and the d-j's behind a prank call to the hospital treating kate middleton are speaking out for the first time. tre r anitngis wait till your kids move back home after college. we were going through so much of the bargain detergent. and the clothes didn't look as good....
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went to the home of one middle class family in virginia, saying if the middle class tax cuts expire when the deadline hits it will cost the family an equivalent of a month's rent. meanwhile, john boehner started the talks after a standoff that lasted almost a week. then there was the surprise that rocked the capital today. south carolina conservative, jim demint, a hero to many, is retiring next month. to go run the influential heritage foundation nbc's david gregory, the moderator of "meet the press," has more on the surprise announcement. >> reporter: about four years early, a lot of people thought it would happen by 2017, but not at this point. in his term, demint was somebody who turbo-charged the tea party movement. he told me he would like to see the party really adopt more of these tea party ideas. that really didn't happen. there were more internal fights. he did have success in fielding candidates and also failed. he said they didn't do enough to establish what the party was for. he is going to try to be a force behind the party. now he feels like he can leave the senate, and ch
went to the home of one middle class family in virginia, saying if the middle class tax cuts expire when the deadline hits it will cost the family an equivalent of a month's rent. meanwhile, john boehner started the talks after a standoff that lasted almost a week. then there was the surprise that rocked the capital today. south carolina conservative, jim demint, a hero to many, is retiring next month. to go run the influential heritage foundation nbc's david gregory, the moderator of...
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Dec 3, 2012
12/12
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MSNBCW
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in the letter we know the sticking point is the tax rates. the speaker says, quote, notably the new revenue in the boles plan would not be achieved through higher tax rates, which we continue to oppose and will not agree in order to protect small businesses and our economy. instead new revenue would be generated through pro-growth tax reforms that closes special interest loopholes and deductions while lowering rates. you see in this latest proposal while they offer up pour savings by saying, look, we can tax the rich people through the $800 billion figure. we can find more savings in entitlements reforms and more savings in discretionary spending more so than the budget control act. they're still holding firm on that pledge not to raise the tax rates towards the bill clinton era. how will this play around in the white house? we don't know. this tax rate point has been a very difficult sticking point. both sides have stayed on and they continue to stay on this in their second offer. what you see is some sort of possible framework for a large s
in the letter we know the sticking point is the tax rates. the speaker says, quote, notably the new revenue in the boles plan would not be achieved through higher tax rates, which we continue to oppose and will not agree in order to protect small businesses and our economy. instead new revenue would be generated through pro-growth tax reforms that closes special interest loopholes and deductions while lowering rates. you see in this latest proposal while they offer up pour savings by saying,...
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down in disgrace last year with italy on the brink of financial disaster and since been convicted of tax fraud. well this weekend the world's best figure skaters are testing the olympic ice in russia's resort city of sochi the countdown is in full swing with just over a year left until the winter games. reports now from the next olympic city. there is just over a year until the actual winter olympics get under way but still this toss competitions give us a chance that the construction is almost over and that the city will soon transform into the world capital off the winter games now this weekend is all about pushing the new venue through their paces of course all eyes are right now at this ice berg arena ice rink which is right behind my back it's a new twelve thousand rink which is part of a cluster of ice sports venue suites have been or are still being built along the black sea coast now its brand new sparking doors have just been opened for numerous competitors from around the globe and it seems no matter how they would actually do at the event they will sure go back home pleased wi
down in disgrace last year with italy on the brink of financial disaster and since been convicted of tax fraud. well this weekend the world's best figure skaters are testing the olympic ice in russia's resort city of sochi the countdown is in full swing with just over a year left until the winter games. reports now from the next olympic city. there is just over a year until the actual winter olympics get under way but still this toss competitions give us a chance that the construction is almost...
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Dec 5, 2012
12/12
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WTTG
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reporter: republicans, like virginia's eric cantor, said the gop has offered plans that will avoid tax hikes. >> and the proposal that we sent to the president deserves a response. >> reporter: maryland congressman steny hoyer warns congressional republicans are playing with fire. >> the creditworthiness of america ought not to be put at risk. >> the president did not take part in negotiations this week. and increasing unlikely. >> it's been observed that the president has yuped his ante when it comes to tough talk about the republicans in the midst of the fiscal cliff negotiations and at one point, using the v word saying he would veto any bill coming to his desk, not including the higher taxes for wealthier households, shawn. >> thank you, tom fit gerald. >>> the cuban government is accusing washington of lying about the health of a maryland man in a cuban prison. allen gross is detained in havana for three years after being convicted of acting against the cuban government. a cuban diplomat said that gross will not be released without conditions and the government is willing to discu
reporter: republicans, like virginia's eric cantor, said the gop has offered plans that will avoid tax hikes. >> and the proposal that we sent to the president deserves a response. >> reporter: maryland congressman steny hoyer warns congressional republicans are playing with fire. >> the creditworthiness of america ought not to be put at risk. >> the president did not take part in negotiations this week. and increasing unlikely. >> it's been observed that the...
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Dec 9, 2012
12/12
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KPIX
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and like taxes and the holiday season it happens every year. army, navy on the football field. ,,,,,, (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>> for the second straight week, tragedy has struck the nfl. this time, with the dallas cowboys. starting defensive tackle josh brent leaving a dallas nightclub was speeding early this morning when his car flipped over. inside was him and a close friend, jerry brown a linebacker just signed off the practice squad. brown was killed in the accident. he and his wife were expecting their first child. this is brent's mug shot that you saw there as he was arrested and charged for intoxicated manslaughter. he is currently being held without bail. last saturday, chiefs' linebacker jovan belcher shot and killed his girlfriend and then himself in kansas city. >>> college football as
and like taxes and the holiday season it happens every year. army, navy on the football field. ,,,,,, (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>> for the second straight week, tragedy has struck the nfl. this time, with the dallas cowboys. starting...
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Dec 8, 2012
12/12
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a provision limits the range of health, pension and tax benefits. the acts was passed in 1996 and signed into law by former president bill clinton. they were plaintiffs in the 2008 lawsuit that claimed california's ban on same-sex marriage violated the state's constitution. >> love knows no difference. and so when a human loves another human being they should have that right and that freedom to marry. >> they have been together for 25 years. more coverage of the decision, including an interview with gavin newsom, go to www.ktvu.com. >>> new at 10:00 p.m., a new way to gauge the economy during the holidays. ktvu's maureen naylor is live where the company christmas party moved out of the lunch room. >> reporter: tonight several venues tell us the holiday party is making a come back. >> reporter: bartenders uncorked the wine where a start up hosted a christmas party for employees. >> everybody is hands on. nice to be able to dress up and get yourself in a good mood. >> mood reflected in the party planning business. 83% of companies plan to host a holid
a provision limits the range of health, pension and tax benefits. the acts was passed in 1996 and signed into law by former president bill clinton. they were plaintiffs in the 2008 lawsuit that claimed california's ban on same-sex marriage violated the state's constitution. >> love knows no difference. and so when a human loves another human being they should have that right and that freedom to marry. >> they have been together for 25 years. more coverage of the decision, including...
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Dec 8, 2012
12/12
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is it too late to save you from paying higher taxes? i'll ask my all-star panel. >>> and she's a fine girl. my old friend brandi back in the spotlight and speaking from the heart about her mentor, whitney houston. >> i felt like i wasn't there enough for her at the end of her life. >> this is "piers morgan tonight." >>> good evening. we begin tonight with our big story, the reality from an estimated 46 million americans. simply put, they can't afford to eat. they live on food stamps. these are men, women and children in america. hunger is not just a third world problem. it's a massive problem right here in the united states right now. cory booker is determined to tackle it. the newark mayor is doing some pretty extraordinary this week, living off food stamps himself, just food stamps. he has just $29 and change for seven days' worth of food. this is what he bought. life-changing experience for him, what he sees as a wake-up call in all of america. he hasn't talked to anyone on camera after starting this but that changes tonight. joining
is it too late to save you from paying higher taxes? i'll ask my all-star panel. >>> and she's a fine girl. my old friend brandi back in the spotlight and speaking from the heart about her mentor, whitney houston. >> i felt like i wasn't there enough for her at the end of her life. >> this is "piers morgan tonight." >>> good evening. we begin tonight with our big story, the reality from an estimated 46 million americans. simply put, they can't afford to...
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prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer treatment to undergo surgery in the coming days but news comes two months after travers was elected as president in a tight vote. beijing has warned india against pursuing all exploration in the disputed that resource rich south china sea it comes in reaction to this week's statements by india's navy chief who announced his country could go as far as sending warships to the area to protect its economic interests europe is going off investigating the claims. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be p
prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer...
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Dec 4, 2012
12/12
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you have this medical device tax. you have a 10% tanning tax. so all of these things are going to come together. this is not just something that is going to affect the quote/unquote wealthy top 2% income, it's going to affect all americans. >> do you think the president sent his proposal up through the secretary of treasury geithner that he deliberately made his quite far reaching, for instance, he wantses to have additional stimulus money, he wants monee. >> $50 million -- billion more. >> i am sure that that sent a chill up the spine of most house republicans. do you think he did that as a negotiating tactic? you put the worst-case scenario and say you don't want it to have something else. >> i don't understand the mind of the president when it comes to this. $1.6 trillion in new tax, does nothing for the debt. one of the things he asks for is complete authority to raise the debt limit. we are not serious about this $16 trillion i. do you think he was serious about that? >> obviously, he sent it over there. >> i know, but the idea that you wou
you have this medical device tax. you have a 10% tanning tax. so all of these things are going to come together. this is not just something that is going to affect the quote/unquote wealthy top 2% income, it's going to affect all americans. >> do you think the president sent his proposal up through the secretary of treasury geithner that he deliberately made his quite far reaching, for instance, he wantses to have additional stimulus money, he wants monee. >> $50 million -- billion...
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Dec 4, 2012
12/12
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. >> reporter: house republicans want big spending cuts but no tax rate increases. here is a picture of president barack obama answering questions on twitter about the fiscal cliff. he is promoting a reference to the estimated tax increase and middle income families would see if rates are not extended, the latest would extend tax cuts for everyone including americans and who the president wants to exclude. the white house says the proposal is too short on specifics. >> we can't guess what they are, they need to tell us and they look forward to the time when they are specific with the ways we have dealt with it. >> they don't like what republicans want to do to social security and more on that during my next update. reporting live, allison burns, ktvu channel 2 morning news. >>> 5:14 in florida, they have released a photo of george zimmerman, showing george zimmerman with a swollen nose and blood did i face. they responded and said it adds nothing new to the case. the volunteer watch man is charged with second-degree murder and his trial is due to begin next june. >>
. >> reporter: house republicans want big spending cuts but no tax rate increases. here is a picture of president barack obama answering questions on twitter about the fiscal cliff. he is promoting a reference to the estimated tax increase and middle income families would see if rates are not extended, the latest would extend tax cuts for everyone including americans and who the president wants to exclude. the white house says the proposal is too short on specifics. >> we can't...